18 North St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
18 North St
12 Unit Apartment Building $1,741,950 CAD ($145,163 CAD/Unit) 9.46% Cap Rate Binghamton, NY 13905
Investment Highlights
- Fully renovated 12-unit building with modern high-end finishes.
- Zoned R3 and approved for student housing use.
- Walk Score of 70, offering convenient access to restaurants, nightlife, and amenities.
- Located in Binghamton's West Side, ideal for the growing student housing market.
- Walking distance to Main Street, bus lines, and the Court Street Bridge.
- Recent upgrades include new kitchens, baths, flooring, and common areas.
Executive Summary
This fully renovated 12-unit building in the heart of Binghamton's West Side is a prime investment opportunity. Ideally situated between Murray and Oak Streets, it’s perfectly positioned to benefit from the growing student housing market. Zoned R3 and approved for student housing, the property is within walking distance of Main Street, bus lines, and the Court Street Bridge. With a Walk Score of 70, residents enjoy convenient access to downtown’s restaurants, nightlife, and amenities. Recent renovations feature high-end finishes, including modern kitchens, updated baths, new flooring, and refreshed common areas, making this a turnkey property ready for immediate return. Rents quoted are for the 25/26 School year and are in process of being leased with over 50% signed.
18 North St. is centrally located between Murray and Oak Streets in Binghamton's Westside, ideal for the thriving student housing market. This R3-zoned property is within walking distance of Main Street, bus lines, and the Court Street Bridge, offering convenient access to downtown amenities, restaurants, and nightlife. With a Walk Score of 70, it’s a prime location for students and professionals alike.
18 North St. is centrally located between Murray and Oak Streets in Binghamton's Westside, ideal for the thriving student housing market. This R3-zoned property is within walking distance of Main Street, bus lines, and the Court Street Bridge, offering convenient access to downtown amenities, restaurants, and nightlife. With a Walk Score of 70, it’s a prime location for students and professionals alike.
Property Facts
| Price | $1,741,950 CAD | Apartment Style | Low Rise |
| Price Per Unit | $145,163 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 9.46% | Building Size | 10,920 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 0.92/1,000 SF |
| Price | $1,741,950 CAD |
| Price Per Unit | $145,163 CAD |
| Sale Type | Investment |
| Cap Rate | 9.46% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,920 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 0.92/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 11 | - | - |
| 1+1 | 1 | - | - |
1 of 1
Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 030200-160-031-0004-015-000-0000 | Improvements Assessment | $309,150 CAD |
| Land Assessment | $11,056 CAD | Total Assessment | $320,206 CAD |
PROPERTY TAXES
Parcel Number
030200-160-031-0004-015-000-0000
Land Assessment
$11,056 CAD
Improvements Assessment
$309,150 CAD
Total Assessment
$320,206 CAD
zoning
| Zoning Code | R3 (Typically refers to a residential zoning district that allows for moderate-density housing development) |
| R3 (Typically refers to a residential zoning district that allows for moderate-density housing development) |
1 of 15
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
18 North St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.